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DBS to make second cut on Multiplier account rates this year

Published Wed, Jul 1, 2020 · 09:50 PM

Singapore

AMID weaker interest rates and an inflow of resident deposits due to macro uncertainties, Singapore's largest lender DBS will again this year cut rates on its flagship deposit account from Aug 1.

This comes two months after a set of rate revisions for the Multiplier account that took effect on May 1.

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Singapore banks

Interest rates

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Companies & Markets

Companies & Markets

DBS to make second cut on Multiplier account rates this year

KEYWORDS IN THIS ARTICLE

Companies & Markets

Former PAP MP, minister of state retire as company directors

US: Wall St opens higher

Air China to buy 100 locally made C919 jets in US$11 billion deal

HCA beats first-quarter profit estimates on higher patient admissions

F&B operator YKGI to exclusively operate Chicha San Chen in Macau for next eight years

LMIRT Q1 net property income dips 3.1% to S$30 million on higher expenses

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